On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1877, as compared to the previous day's fix of 7.1894 and 7.2244 Reuters estimates.
On Friday, the People’s Bank of China set the USD/CNY central rate for the trading session ahead at 7.1877, as compared to the previous day's fix of 7.1894 and 7.2244 Reuters estimates.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.AUD/USD edges higher on Friday, albeit it lacks bullish conviction and remains confined in a multi-day-old range. Despite RBA's hawkish stance, geopolitical risks, concerns about Trump's tariff plans, and US-China trade-war fears act as a headwind for the Aussie. USD/JPY dropped below the 151.
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